Cen­tre is long over­due

Weekend Argus (Saturday Edition) - - PROPERTY -

A NEW neigh­bour­hood shop­ping cen­tre, an­chored by the largest con­ve­nience Wool­worths Food store in the West­ern Cape, is to be built on a prime site in Clare­mont.

Sit­u­ated on bustling Palmyra Road, Palmyra Junc­tion will boast a 1 200m Food store and 18 other hand­picked re­tail ten­ants.

With a gross let­table area of 2 200m2, Palmyra Junc­tion is be­ing de­vel­oped at a cost of R50 mil­lion by the Ra­bie Prop­erty Group on be­half of In­sight, in re­sponse to strong mar­ket de­mand. The cen­tre will have 24-hour se­cu­rity with CCTV sur­veil­lance and will en­joy plen­ti­ful park­ing, with 140 ded­i­cated park­ing bays be­ing pro­vided on site.

Ra­bie de­vel­op­ment man­ager Colin An­der­son said it had taken eight years to as­sem­ble the site and get the nec­es­sary de­vel­op­ment rights in place.

“The Clare­mont area has too few con­ve­nience shop­ping cen­tres as there sim­ply have not been suit­able, large enough sites avail­able for de­vel­op­ment. The ex­ist­ing shop­ping fa­cil­i­ties in the area have been lim­ited to strip shops or small re­de­vel­op­ments which all have park­ing lim­i­ta­tions. Palmyra Junc­tion will re­ally have a com­pet­i­tive ad­van­tage as it will be able to pro­vide con­ve­nience and des­ti­na­tion shop­ping.”

An­der­son says Ra­bie is ne­go­ti­at­ing with many other key ten­ants but will only start sign­ing leases when it is cer­tain of the cor­rect ten­ant mix.

The cen­tre is on one of the south­ern sub­urbs’ main thor­ough­fares and is close to about 20 schools.

“Week­day trad­ing hours will be from 8am to 8pm to ben­e­fit from the pass­ing trade and pro­vide con­ve­nient shop­ping for par­ents drop­ping their chil­dren off in the morn­ing or pick­ing them up af­ter school,” says An­der­son.

“The Wool­worths Food store is be­ing de­signed to be the ‘green­est’ of all Wool­worths Food stores coun­try­wide, with green build­ing mea­sures be­ing taken in­clud­ing re­cy­cling en­ergy for the un­der­floor heat­ing, a grey wa­ter sys­tem and nat­u­ral ven­ti­la­tion.”

The ex­ten­sive civils con­tract by Strata Civils has started and the main con­trac­tor, Gran­build, is due to start work next month. Com­ple­tion is sched­uled for Oc­to­ber 2010.

For more in­for­ma­tion, call Colin An­der­son on 021 550 7000.

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